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Dec 3, 2012
12/12
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in washington, posturing politics and high-stakes poker with america's economy at stake. president obama's initial offer on the fiscal cliff was resoundingly rejected by republicans. it included a $1.6 trillion tax increase, double what he campaigned on. also included $400 billion in entitlement cuts eliminating the need for congressional approval to a raise the debt ceiling. the markets rebounded later in the week following the latest hopes on a fiscal cliff agreement. america's economy grew at a faster pace than initially expected in the third quarter of the year. the second reading of the gross domestic product showed it at rate of 2.7% spurred by stronger inventories and exports. the securities and exchange commission is looking for a new chairman. mary shapirp schapiro announcin she will step down after nearly four years on the job. the obama administration says it will announce a replacement in the near future. >>> starbucks has a new way to spend a lot of money. it is introducing the most expensive blend made from a rare costa rican variety named geisha. it is $7 a
in washington, posturing politics and high-stakes poker with america's economy at stake. president obama's initial offer on the fiscal cliff was resoundingly rejected by republicans. it included a $1.6 trillion tax increase, double what he campaigned on. also included $400 billion in entitlement cuts eliminating the need for congressional approval to a raise the debt ceiling. the markets rebounded later in the week following the latest hopes on a fiscal cliff agreement. america's economy grew...
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we have a problem in washington. a president who is addicted to spending, a congress that is addicted to spending. and we need to have an intervention. and that instervention that to come from people in washington who understand the problem. and they have to say no to all of this. unfortunately, the one place that can happen is the house, and it is not happening. neil: one thing -- you and i might disagree -- but i think that elections do have consequences, the american people since seem to support they want to stick it to the rich, i do not agree with that i think that hoops that republicans are going through to find an alternative to raising raters on clinton era rates. it could get so ca complicated d get worse. when you talk mortgages and charities and everything else. why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessions on spending. neil: we're not getting them. >> that is the point, so putting
we have a problem in washington. a president who is addicted to spending, a congress that is addicted to spending. and we need to have an intervention. and that instervention that to come from people in washington who understand the problem. and they have to say no to all of this. unfortunately, the one place that can happen is the house, and it is not happening. neil: one thing -- you and i might disagree -- but i think that elections do have consequences, the american people since seem to...
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Dec 25, 2012
12/12
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FBC
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he says there is lot of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catherine, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy? >> i can't speak for him and but i will respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs come from small businesses. i don't know where he is getting his facts but i happy to know, let's talk about the ups stores, a competitor to fedex. they have opened over 100 new franchise locations this year. each one of those locations hires three to five employees. that is 300 to 500 new jobs from small businesses. melissa: yeah. >> i don't know that fedex has hired that many people this year. melissa: jim, i want to
he says there is lot of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catherine, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy?...
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Dec 30, 2012
12/12
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george washington would not kneel to pray. when his pastor rebuked him for setting a bad example, washington mended his ways. he stayed away from church on communion sundays. no ministers were present and no prayers were said when he died. washington had proclaimed that religion and morality are indispensable supports for political prosperity. he said that "reason and experience both were best to expect that morality can prevail in exclusion for religious principles. the longer john adams lived, the shorter grew his creed. in the end, it was unitarianism. jefferson wrote those ringing words of the declaration, but jefferson was a utilitarian when he urged his nephew to inquire into the truth of christianity. "if it ends in a belief that there is no god, you'll find virtue in the comforts and pleasantness you feel in virtue's exercise." james madison always explained away religion as an innate appetite. the mind, he said, prefers the idea of the self existing clause to an infinite series of cause and effect. even the founders w
george washington would not kneel to pray. when his pastor rebuked him for setting a bad example, washington mended his ways. he stayed away from church on communion sundays. no ministers were present and no prayers were said when he died. washington had proclaimed that religion and morality are indispensable supports for political prosperity. he said that "reason and experience both were best to expect that morality can prevail in exclusion for religious principles. the longer john adams...
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Dec 10, 2012
12/12
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KRON
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we meet the newie weds in washington. and then we have -- newly weds in washington. and then we have the latest on joshua on -- john mcafee. and jason has a wrap up of today's games. sleep train has your ticket to tempur-pedic. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back guarantee, interest-free financing, and free delivery? that's the ticket! sleep train's ticket to tempur-pedic is on now. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> mexican officials confirm that jenni rivera has died in a plane crash. video shows the site of the crash. the plane lost contact with air traffic controllers. jenni rivera was born in long beach and released her debut album in 1999. in october people named her to the list of the 25 most powerful women. >>> john mcafee said sunday that he wants to return to the u.s. he wants to live in the u.s
we meet the newie weds in washington. and then we have -- newly weds in washington. and then we have the latest on joshua on -- john mcafee. and jason has a wrap up of today's games. sleep train has your ticket to tempur-pedic. experience the pressure-relieving comfort of tempur-pedic, and sleep risk-free with sleep train's 100-day money back guarantee. get 36 months interest-free financing: no down, and no interest for 3 years. plus, get free same-day delivery. sleep train's 100-day money back...
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Dec 31, 2012
12/12
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>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven weeks to do something big, and they didn't. they kicked the can down the road. >> they add decade to do something big. jimmy, listen, we are heading into the nur yeanew year, it is time for forgiveness. i will defend congress for a second. i was thinking about this last night, right? they are in an impossible tossing. if they say, i'm sorry, you won't get everything promised. period. next election they are go gone because someone will step up and say, sure, i will give you everything. i don't know how i'm going to pay for it. so i feel a little bad for c
>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven...
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Dec 23, 2012
12/12
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CSPAN2
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you're not getting out of washington today. you're getting left/right politics going back and forth, the media's not helping. we need to actually share information that is real, trusted and honest so we can start or having those kitchen table conversations again. only by actually getting real numbers out in the discussion do we start influencing the debate. that's one small step you could do. >> that's fabulous, and i love that, but i want to ask for an amendment also because 90% of the books that are bought are never read. so can you give us a three-page e-mail that we can send to our friends that give a summary of the book? now, i understand it won't do the whole job -- >> we have it. we have one already done. >> okay. let me just ask all of you, because i know we're having some mic problems, can people in the back hear when jason talks? you can? okay, fine. >> all right. >> not very well? >> here's what i'm going to do, i'm going to bring everybody up here. we're going to get really cozy. oh, you've got another mic? maybe it
you're not getting out of washington today. you're getting left/right politics going back and forth, the media's not helping. we need to actually share information that is real, trusted and honest so we can start or having those kitchen table conversations again. only by actually getting real numbers out in the discussion do we start influencing the debate. that's one small step you could do. >> that's fabulous, and i love that, but i want to ask for an amendment also because 90% of the...
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Dec 7, 2012
12/12
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CNBC
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our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as yo
our chief washington correspondent john harwood is here with the latest. >> reporter: we ended the week with a fairly perfect, simple, clear, elegant expression of the partisan differences in this fight. speaker boehner came out and gave a press conference where he essentially said president obama has done nothing to compromise with republicans. here's the speaker. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since...
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Dec 14, 2012
12/12
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in a "washington post" op-ed this morning. rice writes this, in recent weeks new lines of attack have been raised to mall line my character and my career even before i was nominated for any new position. a steady drip of manufactured charges presented a -- rice isn't going anywhere, and by hangeding this gracefully, she may re-emerge when another job comes up. which is not going to be america's top diplomat. >> did you want the job? >> i would have been very honored to serve in that job, just as i'm delighted to do what time doing. but yes, sure, how can you not want to, in my field, serve at the highest possible level? >> thursday night, on our nbc affiliate in sacramento, kcra, the president praised rice, but also seemed ready to move on. >> susan is going to continue to be an outstanding u.s. ambassador to the united nations. i hadn't made a decision about who would be my next secretary of state. there's no doubt that susan was qualified. there are other people who are qualified as well. >> the white house has made it clear
in a "washington post" op-ed this morning. rice writes this, in recent weeks new lines of attack have been raised to mall line my character and my career even before i was nominated for any new position. a steady drip of manufactured charges presented a -- rice isn't going anywhere, and by hangeding this gracefully, she may re-emerge when another job comes up. which is not going to be america's top diplomat. >> did you want the job? >> i would have been very honored to...
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Dec 30, 2012
12/12
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"washington journal" live at 7:00 a.m. eastern on c-span. >> today on "newsmakers," priorities in the house of representatives. >> as president obama begins his second term in office, what is the most important issue he should consider in 2013? >> make a short video about your message to the president. >> it is your chance to win a grand prize of $5,000. for more information, go to studentcam.org. >> think of washington, 25 years before the civil war. what would you think? you would think that slavery was well entrenched. the black people were miserable. the whites were cruel and indifferent. that is actually not true at all. in washington, there were 30,000 people. 12,000 of them were black. the majority of black people in washington in 1830 were not slaves. out of the 12,000 black people, slightly more than half for free. >> washington d.c.'s first race riots. what part did francis scott key play? sunday night at 10:00 p.m. eastern. on c-span 2's book tv. >> next, california representative jerry lewis, who is retiring at
"washington journal" live at 7:00 a.m. eastern on c-span. >> today on "newsmakers," priorities in the house of representatives. >> as president obama begins his second term in office, what is the most important issue he should consider in 2013? >> make a short video about your message to the president. >> it is your chance to win a grand prize of $5,000. for more information, go to studentcam.org. >> think of washington, 25 years before the...
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Dec 11, 2012
12/12
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washington has a spending problem. let's be honest, we're broke, and the plan that we've offered is consistent with the president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. here's what we do know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not physicianing our problem. frankly, it's making it worse. on top of that, the president wants to raise tax rates on many small business owners. now, even if we did exactly what the president wants, we would see red ink for as far as the eye can see. that's not fixing our problem either. it's making
washington has a spending problem. let's be honest, we're broke, and the plan that we've offered is consistent with the president's call for a balanced approach. a lot of people know that the president and i met on sunday. it was a nice meeting. cordal. we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the...
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Dec 5, 2012
12/12
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KPIX
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susan mcginnis in washington this morning. susan, thank you so much. one of the tax breaks due to expire next month is the payroll tax. that's the tax listed on your pay stub as fica. the money you pay into social security and medicare. it was reduced by two percentage points during the recession. jim axelrod has more. >> reporter: the payroll tax cut has given this family an extra $70 a month to spend. john is a maintenance man in jersey city, new jersey. >> are you paying any attention to what's going on in washington right now? >> of course. >> reporter: their $50,000 a year income put them almost exactly in the middle of the american household. if it's not extended those $1,035 more. >> do you have room to cut back? >> no. >> reporter: if the tax cut expires paycheck contributions will go from 4.2% to 6.2%. that's $115 billion a year that would go to deficit reduction instead of being pumped into the economy. heidi sherholtz is an economist. >> it's less money for consumers to spend, that means that the demand for business services will drop, who p
susan mcginnis in washington this morning. susan, thank you so much. one of the tax breaks due to expire next month is the payroll tax. that's the tax listed on your pay stub as fica. the money you pay into social security and medicare. it was reduced by two percentage points during the recession. jim axelrod has more. >> reporter: the payroll tax cut has given this family an extra $70 a month to spend. john is a maintenance man in jersey city, new jersey. >> are you paying any...
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Dec 18, 2012
12/12
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KRCB
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>> that scene actually keeps coming to mind as i try to followhe modra in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative cohorts when he wrote a widely quoted book critical of the second president bush. his most recent work is "the benefit and the burden: tax reform-why we need it and what it will take." yves smith is the founder and editor of the popular blog naked capitalism. after 25 years in the financial services industry, she now heads the management consulting firm aurora advisors. she's the author of this book: "econned: how unenlightened self interest undermined democracy and corrupted capitalism." welcome to you both. >> thank you. >> thank you. >> is the fiscal cliff just a metaphor? or is it for real? >> well,
>> that scene actually keeps coming to mind as i try to followhe modra in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative...
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Dec 4, 2012
12/12
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CNNW
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howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the air. so even though he runs a major news channel, roger ailes was a backbattleground in republican politics, he can't resist dabbling in the political game. >> but to suggest a news organization might need some guidance on how to tailor what they're going on the air? >> i don't know if mcfarland was carrying a message from ailes or not. petraeus interestingly enough said fox seemed to turn against the war in afghanistan after it became obama's war, in other words when it was no longary war being prosecuted by george w. bush. more interesting to me is the noths that a
howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the...
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Dec 7, 2012
12/12
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then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue the trends is getting better. as jim pointed out,
then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for...
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Dec 21, 2012
12/12
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what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there yet. that's why we are following this live through the whole thing this evening. >>> and as the president's new anti-gun violence task force starts work, we learn that now outside experts have yet joined that panel. meanwhile, the debate on gun control rages across the country. tonight we will hear from outspoken tv host piers morgan and former new york mayor rudolph giuliani. "the kudlow report" begins right now. >>> first up, the latest on the vote of plan b. the plan b bill sponsored by john boehner that may decide how deep into january they have to go for a solution. may decide the fate of the eco
what matters is the tone of the market is much better than the tone out of washington. like i said, there's always ait. right here on "mad money." i'm jim cramer and i'll see you tomorrow. >>> good evening, everyone. i'm larry kudlow. so a crucial moment for our economy and for our right to bear arms. high drama on capitol hill right now as house republican speaker john boehner looks to pass his plan b fiscal cliff bill in a million dollar tax threshold. votes aren't there...
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Dec 8, 2012
12/12
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i'm chris matthews in washington. let me start with this. today the united states supreme court said it would take up the issue of same-sex marriage. this is an astounding moment in american history and in the march of rights that began in philadelphia in the last quarter of the 18th century and continues through this first quarter of the 21st. is it constitutional for a state to deny people of the same sex the right to marry under the law? well, let's consider the 14th amendment. nor shall any state deprive any person of life, liberty, or property without due process of law nor deny to any person within its jurisdiction the equal protections of the laws. and here is justice kennedy, anthony kennedy, in his majority opinion in the lawrence case of 2003 which declared anti-sodomy laws unconstitutional. quote, does a statute making it a crime for two persons of the same sex to engage in certain intimate sexual conduct violate the due process clause? yes. a statute making it a crime for two persons of the same sex to engage in certain intimate
i'm chris matthews in washington. let me start with this. today the united states supreme court said it would take up the issue of same-sex marriage. this is an astounding moment in american history and in the march of rights that began in philadelphia in the last quarter of the 18th century and continues through this first quarter of the 21st. is it constitutional for a state to deny people of the same sex the right to marry under the law? well, let's consider the 14th amendment. nor shall any...
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Dec 18, 2012
12/12
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based on the hope that our leaders in washington may be working on the fiscal cliff. someone might panic then. let's focus on a company that may get cheaper. there are two ways to value every company. that represents what traders are willing to pay for a piece of the company. that in mind i want to tell you a tale about a company that could be in the cross hairs of it and the company i'm talking about is mindsafety. prote protection devices. that is a lot of stuff that you need to do in the oil and gas industry. oil and gas companies, as well as law enforcement agencies and the military. why do i think that my safety is to be required? take vng come on, safety never takes a vacation and no one ever skimps on it. mine safety sold the body armor business. honey well is the safety division. what do we get? this is part of the safety division. due possible has a safety division. $53 share stock. $41 price tag. both honey well and dupont want to add to their safety offer. $1.4 billion to buy sperion. they invented kevlar. in 2008 they bought industrial apparel. it is one o
based on the hope that our leaders in washington may be working on the fiscal cliff. someone might panic then. let's focus on a company that may get cheaper. there are two ways to value every company. that represents what traders are willing to pay for a piece of the company. that in mind i want to tell you a tale about a company that could be in the cross hairs of it and the company i'm talking about is mindsafety. prote protection devices. that is a lot of stuff that you need to do in the oil...
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Dec 10, 2012
12/12
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CNBC
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i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know i
i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what...
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it's tuesday december eleventh eight pm here in washington d.c. i'm liz wall and you're watching r.t.e. . we begin today with a report that could shed some light on the dark practice of torture and this week the senate intelligence committee is said to vote on a report that details the use of enhanced interrogation techniques under the bush administration now this includes everything from stress positions to waterboarding much of it said to have happened at the guantanamo bay prison the roughly six thousand page report has been in the works for three years now the senate is finally voting to approve it but according to senator dianne feinstein who has the committee of the public may never see it for more on what's in the report i was joined earlier from capitol hill by r t political correspondent christine. one of the central goals of the reported to find out the extent to which these so-called enhanced interrogation techniques led to valuable information led these intelligence officers officers to information that in turn led them to terrorists a
it's tuesday december eleventh eight pm here in washington d.c. i'm liz wall and you're watching r.t.e. . we begin today with a report that could shed some light on the dark practice of torture and this week the senate intelligence committee is said to vote on a report that details the use of enhanced interrogation techniques under the bush administration now this includes everything from stress positions to waterboarding much of it said to have happened at the guantanamo bay prison the roughly...
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Dec 7, 2012
12/12
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CURRENT
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. >> we met with some people on the hill in washington, democrats and the principles in both the house and the senate. when it came to the republicans the principles would not meet. they sent their lackeys underlings, their staffers. we got a split reaction. some in private conceded that taxes would have to go up. others were true believers, they had drunk the kool-aid and walked out on us. so, you know, i would say that, you know, ventures up to capitol hill are exercises in political 166. >> eliot: once again what troubles me so much is the unwillingness to confront data, to look at what has worked in the economy. you have studied the history and know the marginal tax rates were up when our economy was booming early in the last century. how do they square those positions. >> i can't speak for them. i don't live in the bubble and i don't read the literature, the propaganda. it's a myth. it's the knowing lower of capitalism. it's the mythology of capitalism and more reflective of a philosophical position, which is concentrate wealth in the hands of a few. >> right. let me focus for a m
. >> we met with some people on the hill in washington, democrats and the principles in both the house and the senate. when it came to the republicans the principles would not meet. they sent their lackeys underlings, their staffers. we got a split reaction. some in private conceded that taxes would have to go up. others were true believers, they had drunk the kool-aid and walked out on us. so, you know, i would say that, you know, ventures up to capitol hill are exercises in political...
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Dec 14, 2012
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i spent three days in washington with a wife of supreme court judge last summer. i felt like taking a bath after i was there for three days. everybody's got their hand out for shotgun. -- something. >> katie, mr. john boehner, i respect him enormously. but he's in a pickle. if you're trying to rebrand the republican party and john boehner wants a compromise with president obama, that compromise is going to be very large tax hikes. you may not get the spending cuts you want. you may not get the entitlement reform, but it will have the gop footprints all over it. how do you brand under those circumstances? >> well, i think that as long as you explain the cuts, so if you explain that cutting spending is good and it's going to allow you to create jobs and allow you to keep more money here in the united states, people are going to understand that. but the problem with the republican party is that they often don't explain why cutting spending is a good thing. so when these triggers happen and when spending cuts happen, people just see them as sacrificial and something t
i spent three days in washington with a wife of supreme court judge last summer. i felt like taking a bath after i was there for three days. everybody's got their hand out for shotgun. -- something. >> katie, mr. john boehner, i respect him enormously. but he's in a pickle. if you're trying to rebrand the republican party and john boehner wants a compromise with president obama, that compromise is going to be very large tax hikes. you may not get the spending cuts you want. you may not...
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Dec 4, 2012
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i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >> mostly ceos and company founders. more than 110 companies anumbers onned special dividends in the fourth quarter, three times last year's fourth quarter, all aimed at beating that potential tax increase on dividends. that tax now 15%, scheduled to go up to 43.4% on january 1st. now you companies have doled out more than $22 billion in special dividends this quarter. that's savings up to $6 billion in taxes. three of the biggest paydays will go to sheldon adeleson, tom frist and larry ellison. together, they will get $1.75 billion checks before christmas. and their tax savings there could be more than $490 million. so, what will they do
i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >>...
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Dec 23, 2012
12/12
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and we've switched around, but we've worked real well together in washington. he's a great senator. does a good job on so many different issues. so i've been proud to serve with him and i'll continue to work with him from my approach over at the heritage foundation. tim, i feel the same way you do about our congressional delegation. i could not be prouder of our state for sending folks like this to stand in washington and fight for the right ideas. and they've certainly done it with a lot of integrity and courage and a wonderful man of character. i greatly appreciate it. it's been the honor and privilege of my life to serve the people of south carolina and the united states senate. debbie and i and my whole family are so thankful for the encouragement and support over the years. everywhere we go people just grab our arms and say, "thanks for fighting, we're praying for you." and so often i hear people say, "what can i do?" people in this state want to make a difference, and it really has inspired me to take that idea all around the country, and by doing that i have seen that if we t
and we've switched around, but we've worked real well together in washington. he's a great senator. does a good job on so many different issues. so i've been proud to serve with him and i'll continue to work with him from my approach over at the heritage foundation. tim, i feel the same way you do about our congressional delegation. i could not be prouder of our state for sending folks like this to stand in washington and fight for the right ideas. and they've certainly done it with a lot of...
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Dec 12, 2012
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he's not willing to check the heart at washington's door. all right. come on, this show's about making money, cramer. not a cardiology exam versus ben bernanke and the president and congress. it's the most valuable thing you can do to keep the bull market from running out of steam. as part of a long term analysis of the stock market that i've been working on pretty much every night knight at home, if needed to know one number, one piece of data to predict the market you would choose the unemployment rate. when the unemployment rate is going lower and jobs are being created, the positive signs. the congress of course is true, too. now, the problem at the moment isn't with the fed it's with the executive branch and the legislature. the presidential intransigence as well as no new tax pledge to grover norquist, republicans won't miss tax hikes to make a deal. the president is nothing serious when it comes to spending at all. nothing! so it looks like the cliff jumps ahead of us after my trip to washington. that was a tough day. had to take a couple shower
he's not willing to check the heart at washington's door. all right. come on, this show's about making money, cramer. not a cardiology exam versus ben bernanke and the president and congress. it's the most valuable thing you can do to keep the bull market from running out of steam. as part of a long term analysis of the stock market that i've been working on pretty much every night knight at home, if needed to know one number, one piece of data to predict the market you would choose the...
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Dec 28, 2012
12/12
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in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other point i wanted to make. the fact that neither side really is making any headwind. we've known about this for such a long time. it's just in credibly disconcerting. >> all right. joe, thank you for phoning in. we appreciate your analysis. tyler and michelle, joe makes a good point about the pain being felt. you are the job creators, and here we are. the impact most borne by them. >> well, i think that's true, and the real paralysis, the hostage quality of the whole debate over the past few months has been disconcerting. we've had so many people come on the air and say give us the level
in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other...
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the closer you are to washington, you've got the washington redskins fans. the closer you are to baltimore, come on, raven fans. i think that divide happens somewhere along laurel, maryland. redskins fans, say, look, we've got rg3 and we're not giving up on this winning streak that we're on right now. and look, we've got to keep winning these games. so the redskins fans are going to can continue to root for the redskins. surely we have ravens fans in our neck of the woods. >> there are a few out there. >> we do. and people here like to root for the ravens. when they're not playing the redskins. and especially when they're playing redskins rivals, they really love rooting for the ravens. the ravens are a great team. but the redskins have that story franchise history. and people for generations have been redskins fans. and always will be. >> let's move on to hoops. rg3 was down at the phone booth last night. this is where i blew out my vocal cords in the last four minutes as they beat the heat. and lebron james. the star, though, was rg3, all eyes were on him.
the closer you are to washington, you've got the washington redskins fans. the closer you are to baltimore, come on, raven fans. i think that divide happens somewhere along laurel, maryland. redskins fans, say, look, we've got rg3 and we're not giving up on this winning streak that we're on right now. and look, we've got to keep winning these games. so the redskins fans are going to can continue to root for the redskins. surely we have ravens fans in our neck of the woods. >> there are a...
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Dec 14, 2012
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"washington post." susan rice. >> i didn't want to see a process that was very prolonged, politicized, distracting and disruptive, because there are so many things we need to get done as a country. >> stephanie: imagine that putting the country first instead of your own personal power. >> hum. >> i have all my life been a public servant. i am not a political person at my foundation. as i have in academia and think tanks, i have tried to do the right thing. >> oh she thinks she is so smart, flabbergasting. [ laughter ] >> does she work in a tavern? >> stephanie: right. one option being discussed he could appoint her national security advisor. >> that's good. >> stephanie: the president said while i deeply regret the unreasonable attacks on her, she rises above that to put our national interests first. so which we say ♪ it ain't a man's world ♪ >> stephanie: i think it will be john kerry, but you were saying jacki, chuck hagel is the rumor for secretary of defense. >> you mean you steal my news even w
"washington post." susan rice. >> i didn't want to see a process that was very prolonged, politicized, distracting and disruptive, because there are so many things we need to get done as a country. >> stephanie: imagine that putting the country first instead of your own personal power. >> hum. >> i have all my life been a public servant. i am not a political person at my foundation. as i have in academia and think tanks, i have tried to do the right thing....
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Dec 6, 2012
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it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes up or down. if we get a resolution of the fiscal cliff or the sense that we will, i think the market will respond to the up side. >> the market has the federal reserve behind it and the ecb behind it. we saw today not much came out of the ecb. everything, bond yields are down, stock markets, global markets are holding up very, very well right now. >> they're all waiting in this holding pattern, too. >> chinese takeout for dinner tonight. thanks, have a safe trip, kenny. >>> to the bond market, rick santelli tracking market.
it's all on washington. i was impressed with yesterday the market was able to hold on to an advance in the face of apple. i think that boded pretty well. >> well, i think that's true but i think apple is a situation and issue unto itself. right? certainly it affects -- you saw what it did to the nasdaq yesterday. but for the broader market i think it does say a lot for the strength of the broader market in terms what have it wants to see. it wants to see the resolution. whether apple goes...
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Dec 6, 2012
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msnbc contributor, washington post editorial writer, best-dresed man in washington, d.c. jonathan kaye part joins me now. it's getting less attention than before the election, but we have the november jobs report out tomorrow. >> right. go figure. you hear all about these numbers in september and october. the november jobs numbers come out tomorrow. remember, a 7.9% in october, 7.8% in september, 8.1% in august. tomorrow we get to find out what the numbers were in november, and whether there are any revisions up or down on previous job reports. >> president obama not unaware of the report coming out. he's meeting with a family talking about jobs. so not to be -- not terribly surprising. thank you for your time. >> thanks a lot, chris. >> and that does it for this edition of "andrea mitchell reports." andrea is back tomorrow, never fear. remember, follow the show online and on twitter. i love andrea's twitter feed particularly during washington redskins games @andreareports. hi, tamron. >> good to see you. in the next hour, call it meet the family. right now president obam
msnbc contributor, washington post editorial writer, best-dresed man in washington, d.c. jonathan kaye part joins me now. it's getting less attention than before the election, but we have the november jobs report out tomorrow. >> right. go figure. you hear all about these numbers in september and october. the november jobs numbers come out tomorrow. remember, a 7.9% in october, 7.8% in september, 8.1% in august. tomorrow we get to find out what the numbers were in november, and whether...
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Dec 16, 2012
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jim. >> axelrod: bob orr in washington, thank you. senior correspondent john miller has been talking to his law enforcement source. he joins me now for more. john, are you hearing anything about this altercation? >> reporter: yeah, i spoke to a senior law enforcement source this evening about that, and he said what we're focused on was there was some kind of argument between people in the office and people in the office of that school are dead today. he said the key is to figure out if lanza was part of that, present for tor somehow involved. he said right now they don't have any indication he was. but they said they have to run that out it make sure. >> axelrod: you're also learning more about the guns used in the shooting that belonged to lanza's mother? >> reporter: yeah, it's about the process, which is she had to to go to an awful lot of trouble to get these guns. connecticut has some of the toughest gun laws in the country. that means going down to the state police, filling out the forms, get, fingerprinted and waiting to hear b
jim. >> axelrod: bob orr in washington, thank you. senior correspondent john miller has been talking to his law enforcement source. he joins me now for more. john, are you hearing anything about this altercation? >> reporter: yeah, i spoke to a senior law enforcement source this evening about that, and he said what we're focused on was there was some kind of argument between people in the office and people in the office of that school are dead today. he said the key is to figure out...
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Dec 1, 2012
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as investors continue to monitor budget talks between lawmakers in washington. the dow closes the week up four points.. at just over 13-thousand the nasdaq lost two points.. and the s-and-p 500 point. >> an unusual type of chase this morning, on the streets of des moines, iowa... as police try to round up a ram on the run. officers tried corralling the animal with their cars... but, as you can see, it just kept running! the animal's joy run ended at the iowa state capitol, where it was finally cornered. officers say, the ram belongs to a local homeowner, who was keeping it for a friend. police say, they having an animal at large. >> coming up sports director, gary radnich is joined with his lovely wife alicia and stanford and cal...the details... coming up. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting
as investors continue to monitor budget talks between lawmakers in washington. the dow closes the week up four points.. at just over 13-thousand the nasdaq lost two points.. and the s-and-p 500 point. >> an unusual type of chase this morning, on the streets of des moines, iowa... as police try to round up a ram on the run. officers tried corralling the animal with their cars... but, as you can see, it just kept running! the animal's joy run ended at the iowa state capitol, where it was...
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Dec 7, 2012
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jim acosta cnn washington." the 2011 budgettcontrol act... which included the automatic cuts that placed the nation on its current ourse toward tte fiscal cliff... was designed to preserve disaster relief funds, congressiinal ides say. ut theestaggering costs associaaed with sandy far surpass the monee available. 3 there's a lot riding on the -3 there's a lot riding on the redskins game... for howard - countt exxeutive ken ulman. ulman... who's a huge ravens fans... issued this challenge executive rushern baker... baker..."iq: i got a challenge for you... oq: proudly wear an rg3 jersee for n entire 3 dayy" that's right.ulman issso confident that the ravens will &pwii... he's agreed to publicl hhppen.baker would be forced to wear thaa hhlott ngata jeeseyythat you saw if the redskiis lose.baker said he would eave the decision on hhs twitter followers.so to far... moot are telling him to gg for it. you can check ouu tte ntire video nd other videos on ouu pew website linkk.. "around the web."it's on the left-hand side of theewebbite... under hot
jim acosta cnn washington." the 2011 budgettcontrol act... which included the automatic cuts that placed the nation on its current ourse toward tte fiscal cliff... was designed to preserve disaster relief funds, congressiinal ides say. ut theestaggering costs associaaed with sandy far surpass the monee available. 3 there's a lot riding on the -3 there's a lot riding on the redskins game... for howard - countt exxeutive ken ulman. ulman... who's a huge ravens fans... issued this challenge...
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Dec 19, 2012
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brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to be, look, if you want a rail, i like ksu. remember that? someone downgraded it the other day. i think that was wrong. how about chris in my home state of pennsylvania, chris? >> caller: boo-yah from scranton, pennsylvania. >> what's going on? >> caller: not much, not much. i wanted to know what you think about lockheed martin. i saw the pentagon agreed to buy 30 of their s-35s. but the stock's down a little bit. i wanted to know what your take was -- >> all right. chris, this isn't dunder mifflin, it's a great company. it's only a dollar off th
brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to...
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Dec 26, 2012
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lawmakers headed back to washington tomorrow. stocks continued to fall on concern that time is running out. anger from instagram users may lead to a class action lawsuit. the move prompted the company to dial back the changes after so much backlash. i am ellen braitman with the bloomberg business report. >> 32 degrees at the airport. >> and extreme tale of making amends in helping struggling families. >> we have all done things we wish we could take back. >> one person is making amends for a deed done decades ago and helping families this holiday season. >> wait, wait, wait. this story does not start off cute and cuddly. it started off at a kmart with a grinch-like deed. this former thief madoff of close to $200 worth of merchandise. >> i thought that was the gra eat. >> it was bad that they stole but they sent a check apologizing for what they did. >> care bork also appreciated the apology and has chosen to take that money and donated it to families. >> i think it is great. everybody need some help. >> there is one more thing he
lawmakers headed back to washington tomorrow. stocks continued to fall on concern that time is running out. anger from instagram users may lead to a class action lawsuit. the move prompted the company to dial back the changes after so much backlash. i am ellen braitman with the bloomberg business report. >> 32 degrees at the airport. >> and extreme tale of making amends in helping struggling families. >> we have all done things we wish we could take back. >> one person...